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Stockholm, Sweden, 2013/03/08 - 20% revenue increase fuelled by customer wins, partner additions and company’s growing role as key enabler in Big Data opportunity - DigitalRoute.com.
DigitalRoute, a leading provider of mediation and data integration solutions for the communications industry, today announced that it increased its year-over-year revenue for 2012 by more than 20% to 297 million SEK with earnings of 19 million SEK. Despite challenging economic conditions, the company continued its profitable growth trend, in the process achieving a number of new deployments. Additionally in 2012, DigitalRoute’s engagement model combining direct sales and partner relationships has continued to flourish.
Uniquely in the industry, DigitalRoute continues to focus on its single product, MediationZone. This enables users to tap unrivalled expertise as well as utilize a proven solution. MediationZone is deployed to support a wide variety of use cases including billing mediation, usage management, Policy Control, Machine2Machine tracking, service assurance and others.
MediationZone’s convergent capabilities enable it to act as a data collection point and pre-processing agent for convergent charging systems, customer experience management systems and other increasingly critical functions like Analytics. This positions DigitalRoute’s product as a key enabler for meeting the operators’ Big Data challenges. The low total-cost-of-ownership that has always been a hallmark benefit of MediationZone also gives users a critical advantage in a demanding macro-economic environment.
“2012 was an exciting year for the company, especially after the record year in 2011 when revenue grew 60%,” said Jan Karlsson, CEO at DigitalRoute. “With the communications industry increasingly aware of the key role of data in its future, I am extremely confident that MediationZone will become a mission-critical strategic asset as the industry evolves.”
DigitalRoute® (digitalroute.com) delivers a new approach to managing data. Our platform, MediationZone, empowers organizations to liberate the value hidden in their usage information via a unique approach that supports multiple mission-critical aspects of their business. DigitalRoute customers benefit from fewer integration points, reduced costs and flexible data management. Over 250 leading companies from around the globe are today actively using DigitalRoute technology to help meet their data management needs. DigitalRoute is headquartered in Stockholm, Sweden with regional offices in Gothenburg, Atlanta, and Kuala Lumpur. DigitalRoute is a venture-backed, privately held company.